Question

Unemployment benefits are granted to unemployed workers if they worked a suficiently long time before. This...

Unemployment benefits are granted to unemployed workers if they worked a suficiently long time before. This is to allow them to take their time to find the best fit of a job. In light of the labor supply model and welfare policies seen in class, what is an adverse effect on labor supply of those who receive them?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Unemployment benefits can create a more serious long run consequences known as hysteresis or long run unemployment.As worker remain out of job market for longer period ,their skills become obsolete and the likelihood of remaining unemployed Increases. Unemployment benefits change the incentive facing the unemployed at the expenses of overall productivity and long run Economic growth.social welfare program may also change workers mentality, leading workers to become less driven and unhappier as their dependence on the states Increases.

Add a comment
Know the answer?
Add Answer to:
Unemployment benefits are granted to unemployed workers if they worked a suficiently long time before. This...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 4.   If an unemployed person quits looking for work, ceteris paribus, A. the unemployment rate increases....

    4.   If an unemployed person quits looking for work, ceteris paribus, A. the unemployment rate increases. B. the unemployment rate decreases.   C. the size of the labor force falls. D. A and C, only E. B and C only 6. Which of the following statements is (are) correct? (x) Job search is the process of matching workers with appropriate jobs and people who are unemployed because of job search are best classified as frictionally unemployed. (y) Frictional unemployment can be...

  • Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor...

    Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...

  • Pick the proper choice. No need to expound. Do it ASAP. Part 1: Most of the...

    Pick the proper choice. No need to expound. Do it ASAP. Part 1: Most of the reduction in poverty rates since World War II occurred as a result of the 1996 welfare reforms. 1940s War On Poverty. 1960s War On Poverty. end of "welfare as we know it." Part 2 Policies focused on putting people to work by having them construct parks would be considered demand-side policies. monetary policies. supply-side policies. demand-side and supply-side policies. Part 3 A 15-year old...

  • Employees who work for government agencies or municipalities have long been permitted to take time off,...

    Employees who work for government agencies or municipalities have long been permitted to take time off, rather than receiving extra pay when they work over 40 hours a week. This compensatory time option allows the employee to receive the equivalent of one and one half hours for each hour of overtime worked in time off. Law enforcement, fire protection, emergency response personnel, and employees engaged in seasonal activities may accrue up to 480 hours of comp time, and all other...

  • Do all parts please. No explanation needed. Part 1: Most of the reduction in poverty rates...

    Do all parts please. No explanation needed. Part 1: Most of the reduction in poverty rates since World War II occurred as a result of the 1996 welfare reforms. 1940s War On Poverty. 1960s War On Poverty. end of "welfare as we know it." Part 2 Policies focused on putting people to work by having them construct parks would be considered demand-side policies. monetary policies. supply-side policies. demand-side and supply-side policies. Part 3 A 15-year old that wants a job...

  • 6) in the U.S., which is not a specific stated goal of Government policies?: a) price...

    6) in the U.S., which is not a specific stated goal of Government policies?: a) price stability b) full employment c) growth d) social well-being (welfare, or "happiness") 7) The unemployment rate is defined as: a) civilian labor force/civilian non-institutional population b) unemployed/civilian labor force 0) discouraged workers/civilian labor force d) none of the above , 8) The term "final goods" refers to: a) raw materials b) goods whose value has been adjusted for changes in the price level c)...

  • 1. Structural unemployment is the result of A) short-term movement of workers between jobs. B) job...

    1. Structural unemployment is the result of A) short-term movement of workers between jobs. B) job search for first-time job seekers. C) technological change or permanent changes in industry demand. D) business cycle fluctuations. E) recurring changes in the hiring needs of certain industries. 2. The real interest rate equals A) the nominal interest rate minus the rate of unexpected inflation. B) the rate of expected inflation minus the nominal interest rate. C) the nominal interest rate minus the rate...

  • Incorrect Question 11 0/2 pts When you look at countries that have high levels of GDP...

    Incorrect Question 11 0/2 pts When you look at countries that have high levels of GDP and compare them to countries with very low levels of GDP, what, according to our text, can you say about the relationship between GDP and leisure time? There is a positive relationship between a country's GDP and the average amount of leisure time enjoyed by its citizens (the higher GDP, the more leisure time on average) There is no direct relationship between a country's...

  • Hello can someone please help me with this queshtion its 3 time I post this please....

    Hello can someone please help me with this queshtion its 3 time I post this please. The queshtion is in the buttom. Im really confused from what to choose I have been second guessing myself. The Economics of Immigration Paul Krugman In 1970, only 5% of U.S. workers had been born abroad. By 2016, however, 17% of American workers had immigrated to the United States, both legally and illegally. (1) Figure 1: Percentage of U.S. labor force that is foreign-born...

  • (b) According to the article, “The growing ranks of unemployed graduates are worrying the authorities”. What...

    (b) According to the article, “The growing ranks of unemployed graduates are worrying the authorities”. What does this suggest about the relative size of the labour demand and labour supply shocks? IDLE HANDS;SKILLED BUT JOBLESS article THRONGS OF YOUNG people roam around the makeshift booths in an exhibition hall in northern Beijing. They are at a job fair organised by the municipal government, aimed at unemployed college graduates. Like most jobseekers in attendance, Su Jian has brought along a stack...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT